2025-11-17T12:28:01-05:00 2024-12-31 133747593 VARGAS & RIVERA CPA'S LLP 586 ROUTE 304 NEW CITY NY 10956 990 2024-01-01 134032452 LER HOUSING DEVELOPMENT FUND CORP C/O EL BARRIO'S OPERATION FIGHTBACK LERH 2124107900 413 EAST 120TH STREET NEW YORK NY 10035 RAUL RUSSI PRESIDENT 2124107900 2025-11-17 false THEODORE VARGAS P00444467 8456383113 2025-11-17 2024 2025-03-06 01:10:19Z RAUL RUSSI 375 EAST 175TH ST BRONX NY 10457 277109 false X N/A X THIS CORPORATION WAS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF DEVELOPING, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME AND NEEDY, PURSUANT TO SECTION 573 OF ARTICLE XI OF THE PHFL 13 13 0 0 0 378597 277109 0 0 378597 277109 0 0 52747 64628 0 0 359025 318007 411772 382635 -33175 -105526 1052951 977704 1074970 1105250 -22019 -127546 X THIS CORPORATION WAS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF DEVELOPING, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME AND NEEDY, PURSUANT TO SECTION 573 OF ARTICLE XI OF THE PHFL false false 375246 RENTALS TO PERSONS OF LOW INCOME. 375246 true false false false false false false false false false true false false true true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false X 13 13 false false false false false false false true true false false false true false true false false true true false X LER HDFC LER HDFC 2124107900 413 EAST 120TH STREET RM 403 413 EAST 120TH STREET RM 403 NEW YORK NY 100353602 RAUL RUSSI PRESIDENT 35.00 X X 0 896597 101830 LYMARIS ALBORS CEO 35.00 X X 0 836684 56068 JOSE R RODRIGUEZ CLO/EXEC VP 35.00 X X 0 562331 30262 VICKY GATELL CFO 35.00 X X 0 442213 46781 ELIEZER RODRIGUEZ ESQ CHAIR 0.00 0.00 X 0 0 0 GILBERT HERNANDEZ SECRETARY X 0 0 0 MARYBETH HOTALING TREASURER X 0 0 0 CARMEN S MALERO VICE CHAIR X 0 0 0 ARNIE SEGARRA MEMBER X 0 0 0 2737825 234941 false true false RENTAL INCOME 277109 277109 277109 277109 277109 X 64628 64628 527 527 5500 5500 1889 1889 55432 55432 UTILITIES 128386 128386 INSURANCE 32995 32995 BAD DEBT 23271 23271 REPAIRS 21774 21774 48233 48233 382635 375246 7389 0 94501 62694 10753 10753 23465 28835 11525 10923 1291717 1107410 239740 184307 672967 680192 1052951 977704 30751 65916 1044219 1039334 1074970 1105250 X -22019 -127546 -22019 -127546 1052951 977704 X -105526 -1 X false true X true false X 325037 288005 295280 378597 277109 1564028 325037 288005 295280 378597 277109 1564028 1564028 325037 288005 295280 378597 277109 1564028 1.00000 1.00000 0.00000 0.00000 X DUE TO/FROM RELATED PARTIES 677007 UTILITY DEPOSITS 3185 680192 MORTGAGE PAYABLE 1019997 RENT SECURITY 10432 ACCRUED EXPENSES 8905 1039334 false false false false false false false false false RAUL RUSSI PRESIDENT 896597 101830 998427 LYMARIS ALBORS CEO 836684 56068 892752 JOSE R RODRIGUEZ CLO/EXEC VP 562331 30262 592593 VICKY GATELL CFO 442213 46781 488994 FORM 990 - ORGANIZATION'S MISSION THIS CORPORATION WAS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF DEVELOPING, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME AND NEEDY, PURSUANT TO SECTION 573 OF ARTICLE XI OF THE PHFL FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ANNUAL SIGNED STATEMENTS ARE PROVIDED THAT AFFIRMS THAT THE INTERESTED PARTIES ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 15A PURSUANT TO THE ORGANIZATION'S BYLAWS, THE ORGANIZATION DELEGATES TO ITS PARENT ENTITY THE HIRING OF THE CEO AND PRESIDENT. THE COMPENSATION OF THE EXECUTIVES IS APPROVED BY THE PARENT ENTITY, WHO HIRES A CONSULTANT TO CONDUCT A STUDY. A STANDING COMPENSATION COMMITTEE OF THE PARENT ENTITY REVIEWS A COMPENSATION STUDY AND VOTES HOW TO PROCEED. FORM 990, PAGE 6, PART VI, LINE 15B SAME AS 15A FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND ANNUAL FINANCIAL STATEMENTS ARE VAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E PROPERTY MGMT FEE 18,429 0 0 SUPPLIES AND MATERIALS 11,385 0 0 REAL ESTATE TAXES 7,241 0 0 PAYROLL COSTS 6,098 0 0 EXTERMINATING 3,725 0 0 OTHER OPERATING COSTS 1,068 0 0 LICENSES,PERMITS, AND INS 287 0 0 TOTAL 48,233 0 0 FORM 990, PART XI, LINE 9 BOOK / TAX DEPRECIATION DIFFERENCE -1